47 Te Heuheu Street, Taupo, Taupo

Prominent corner profile

Tender closing at 12pm, Wednesday 27 April 2022 (unless sold prior)
44 Roberts Street, Taupo
• Prime corner site in the heart of Taupo's CBD
• Street frontage on to Te Heuheu Street and Ruapehu Street and access to the rear from Gallagher Street service lane
• Fully tenanted - five tenants offering split risk
• Returning a net income of $148,500.00 p.a. + GST
• Zoning is Taupo Town Centre Pedestrian Precinct
One of the most prominent corner sites in Taupo, with Te Heuheu Street being one of the main retail destinations within the Taupo CBD and, Ruapehu Street one of the main internal arterial routes connecting Lake Terrace on the southern end of Taupo CBD with Spa Road on the northern end of the CBD creating high foot and vehicle traffic around this location. This property is also well positioned to take advantage of the $20.6m Taupo Town Centre Transformation project now under way which will direct even more traffic past this prime high profile site.
With a seismic rating of 30% this property presents an excellent opportunity to secure a key position in Taupo's tightly held CBD with a strong income stream and exciting re-development potential in the future.
Call us today for a copy of the full Information Memorandum.